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MTN Benin and Ericsson deploy Artificial Intelligence and Machine Learning Network Solution in Africa
MTN Benin and Ericsson have partnered to deploy an Artificial Intelligence (AI) and Machine Learning (ML) solution in Africa to address throughput challenges.
KfW accorde 16,2 millions d'euros pour des fonds de transformation numérique en Afrique de l'Ouest
Au nom du Ministère Fédéral de la Coopération Economique et du Développement (BMZ), la KfW a signé une convention de financement avec la BOAD d'un montant de 16,2 millions d'euros pour le Fonds de transformation numérique en Afrique de l'Ouest (phase 1).
EUR16.2 million for digital transformation funds in West Africa
On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW signed a financing agreement with the West African Development Bank BOAD (Banque Ouest Africaine de Développement) for EUR 16.2 million for the Digital Transformation Fund in West Africa (Phase 1).
AFRALTI joins the Smart Africa Alliance
The Smart Africa Alliance welcomes AFRALTI as an academia member to advance Smart Africa Digital Academy initiatives.
KfW supports COVID vaccination campaigns and logistics in West and East Africa
The financing agreement was signed between KfW and UNICEF for EUR 25 million to improve vaccine logistics in the West African countries, KfW is also supporting vaccinations against COVID-19 and other infectious diseases in East Africa.
La startup d’e-mobilité M Auto "devient la plus grande entreprise de véhicules électriques en Afrique"
M Auto est une alternative à moindre coût aux véhicules thermiques qui est à la fois plus accessible grâce au modèle "pay as you go" ou "rent to own" (louer pour devenir propriétaire) et moins cher à long terme qu'une moto thermique
Le 132ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 349,5 milliards FCFA.
Le Conseil d’Administration de la Banque Ouest Africaine de Développement (BOAD) s’est réuni en présentiel à Cotonou au Bénin pour sa 132ème session ordinaire, sous la présidence de Monsieur Serge EKUE, Président du Conseil d’Administration, Président de la BOAD.
Smart Africa Digital Academy lance son académie numérique nationale au Bénin
La branche de renforcement des capacités de Smart Africa, la Smart Africa Digital Academy (SADA), en partenariat avec le Ministère du Numérique et de la Digitalisation du Bénin, a lancé une académie numérique nationale, en vue de promouvoir les compétences numériques en Afrique.
La BOAD mise sur le solaire avec le PPIPS
Le PPIPS représente un investissement total de près de 165 milliards de FCFA auquel la BOAD contribue à hauteur de 40 milliards de FCFA dans le secteur des Energies Solaires.
Residents of Benin’s Ouémé Valley increase their incomes, thanks to an African Development Fund project
Following its launch in Benin in 2013, the Ouémé Valley Rural Infrastructure Support Project successfully improved the incomes of local populations.
Conférence publique sur la Finance Islamique et le WAQF
Coris Bank International, à travers sa branche finance islamique CBI BARAKA, organise une conférence publique sur la thématique suivante : « la Finance Islamique et le WAQF (en droit musulman, donation faite à perpétuité par un particulier à une œuvre d'utilité publique, pieuse ou charitable, ou à un ou plusieurs individus) ».
Oikocredit a accordé une ligne de crédit à Africa Negoce Industries (ANI)
Oikocredit investit 2,7 millions d'euros dans Africa Negoce Industries pour soutenir la chaîne de valeur de la noix de cajou au Bénin.
Oikocredit invests €2.7m in Africa Negoce Industries to support Benin cashew value chain
Social impact investor and worldwide cooperative Oikocredit has provided a credit line of € 2.7 million to Africa Negoce Industries (ANI), a cashew trading and processing company in Benin.
GCF s'associe à la FAO pour deux grands projets de résilience climatique au Bénin et en Gambie
Le Fonds vert pour le climat (GCF) et la FAO ont signé un accord de financement de 60 millions de dollars pour deux nouveaux projets majeurs qui amélioreront la résilience climatique au Bénin et en Gambie.
Green Climate Fund approves new projects in Benin and the Gambia
The Board of the Green Climate Fund (GCF) have approved $60 million in funding to support climate-resilient projects in Benin and the Gambia promoting sustainable practices in vulnerable rural communities of these countries.
GCF partners with FAO to support climate-resilient projects in Benin and the Gambia
The Green Climate Fund (GCF) has approved $60 million in funding to support climate-resilient projects in Benin and the Gambia promoting sustainable practices in vulnerable rural communities of these countries.
MTN Group to host its 2nd MoMo API Hackathon
MTN Group’s Mobile Money Application Interface (API) is inviting developers across several markets to participate in an Open API Hackathon, with a challenge to create a mobile application that uses MoMo APIs for use in their markets.
Africa Jutes investit dans la construction d'une usine de sacs d'intrants agricoles au Bénin.
Africa Jutes Industries, une entreprise spécialisée dans la transformation de produits agricoles, souhaite investir 1 milliard de FCFA (1,5 million de dollars) dans la construction d'une unité de production de sacs de jute dans la zone industrielle de Glo-Djigbé (GDIZ) au Bénin.
La Banque Africaine de développement entre au capital de la CICA-RE à hauteur de 6,56 milliards de FCFA
En présence du ministre de l’Économie et des Finances de la République de Côte d’ivoire, qui marquait la signature d’une convention d’investissement entre la Banque africaine de développement et la CICA-RE.
African Development Bank to invest €10 million in reinsurance firm CICA-RE
The African Development Bank has signed an agreement to invest in the Joint Reinsurance Company of Member States of Conférence Interafricaine des Marchés d’Assurances (CICA-Re).
Forum sur l'investissement en Afrique présente de grands projets
Dans le contexte des assemblées annuelles de la BAD de cette année, le projet d'autoroute Abidjan-Lagos, d'un montant de 15,6 milliards de dollars, mené par la Commission de la Communauté économique des États de l'Afrique de l'Ouest (CEDEAO), a occupé le devant de la scène.
Africa Investment Forum showcases major projects
Within the context of this year’s AfDB Annual Meetings, the $15.6 billion Abidjan-Lagos Highway project, led by the Economic Community of West African States (ECOWAS) Commission took centre stage.
Atelier G7-CEDEAO : Vers une CEDEAO numérique plus sûre
Afin d'assurer une CEDEAO numérique plus sûre, la Commission de la CEDEAO et l'Allemagne se sont engagées à mener une série d'ateliers afin de développer un plan d'action pour soutenir l'initiative de cybercoopération G7-CEDEAO.
L'AfDB accorde un don de $400 000 pour moderniser le marché financier de l’Union monétaire ouest-africaine
La Banque africaine de développement a signé avec le Dépositaire central de règlement de l’Union monétaire ouest-africaine (UMOA), un protocole d’accord de don d’un montant de 400 000 dollars américains pour moderniser l’infrastructure du marché financier régional.
IFC nomme M. Kyle Kelhofer au poste de représentant régional senior pour l'Afrique
IFC a nommé M. Kyle Kelhofer au poste de représentant régional senior pour le Bénin, le Ghana, le Libéria, la Sierra Leone et le Togo.
IFC appoints Kyle Kelhofer as Senior Country Manager for Africa
IFC has appointed Kyle Kelhofer as Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo.
ARISE IIP et FibreTrace s'associent pour créer la première chaîne d'approvisionnement en coton en Afrique
ARISE IIP et FibreTrace ont annoncé un nouveau programme pilote permettant la traçabilité de la filature au vêtement pour les installations de filature très attendues d'ARISE IIP en République du Bénin.
OPEC Fund extends $25 million credit facility to boost regional agricultural integration in Benin and Togo
The OPEC Fund for International Development has signed loan agreements with the governments of Benin ($15 million) and Togo ($10 million) to support the Regional Program for the Integration of Agricultural Markets
[Benin] Un projet agricole renforce la résilience des populations dans le nord-est du pays
Le Projet d’appui à la production vivrière et de renforcement de la résilience dans les départements de l’Alibori, du Borgou et des Collines, est en bonne voie.
AIIM acquires stake in Sodigaz to deliver clean fuel to African homes
The African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure-focused private equity fund managers, has acquired a significant stake in Sodigaz, an LPG distributor based in Burkina Faso and Benin.
USTDA supports clean energy access and utility digitalization in Benin
The U.S. Trade and Development Agency (USTDA) announced grant funding for technical assistance to help Beninese company Sherlock Grids SAS expand and improve clean energy access to rural communities across the country.
African Infrastructure Investment Managers acquires stake in West African LPG distributor
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has acquired a significant stake in Sodigaz, an LPG distributor based in Burkina Faso and Benin, through AIIM’s flagship pan-African infrastructure fund, AIIF3.
IsDB signs $50m financing agreement for community health and nutrition project in Benin
The Islamic Development Bank (IsDB) and the Government of Benin signed a $50 million financing agreement for “Closing Gaps: Community Health, Human Resources, and Nutrition” project, a new development project in Benin.
Mdxi-MainOne consolide sa position dans le developpement de l'écosystème numérique de l'Afrique de L'Ouest
MDXi, une entreprise de MainOne continue de consolider sa position de leader des data center en Afrique de l'Ouest avec le lancement de son nouveau data center à Appolonia City, au Ghana.
Mdxi-MainOne consolidates position in building west African digital ecosystem
MDXi, a MainOne company, continues to consolidate its position as the leading Data Center Business across West Africa with the launch of its recent Data Center in Appolonia City, Ghana.
MTN picks Tecnotree to accelerate business growth in 5 African countries
As part of the five-year collaboration with MTN, Tecnotree will deploy its Digital BSS Suite 5 to help accelerate the operator’s business growth, increase agility and boost operational efficiency.
Islamic Development Bank approves $176.05m for for projects in Iraq, Mauritania, Benin and Morocco
The Board of Executive Directors of the Islamic Development Bank (IsDB), approved $176.05 million for projects in Iraq, Mauritania, Benin and Morocco.
World Bank approves $200m to enhance electricity access in Benin
The World Bank approved $200 million in International Development Association (IDA), funding to help Benin improve access to electricity services for households, businesses, and basic public services.
[Interview] Lino G. TOKPO, CEO, GENIEUP Group, Benin
Lino G. Tokpo is the founder and CEO of GENIEUP Group, a young Beninese company which mainly intervenes in supporting local businesses through product distribution.
[Interview] Lino G. TOKPO, PDG, GENIEUP Group, Benin
Lino G.Tokpo est le fondateur et PDG de GENIEUP Group, une jeune entreprise Béninoise qui intervient essentiellement dans l’accompagnement des entreprises locales à travers d’une distribution des produits.
Vipp Interstis earns the Best Place To Work certification in Cameroon and Benin
Vipp Interstis, a French BPO company with operations in Africa offering offshore solutions to French and European companies, has recently been recognized as one of the best places to work for in Caremoun and Benin.
New recruitment platform to be opened for more than 2,000 workers
On the national territory, infrastructure construction of the Benin-Niger pipeline will create thousands of jobs which will make it effective in the next few weeks.
Benin Republic seeks Nigeria’s collaboration on rice production
The authorities of Benin Republic, Tuesday, dispatched a delegation to hunt President Muhammadu Buhari’s intervention for Nigeria to assist the nation produce rice.
EIF OGEF finances Qotto’s solar home systems in Burkina Faso and Benin
The Off-Grid Energy Access Fund of the Energy Inclusion Facility (EIF OGEF) closes the €2 million financing in favour of the French start-up Qotto.
FAO, CECAF assist African countries fight illegal fishing with laptops
The Food and Agriculture Organization of the United Nations (FAO)’s Regional Office for Africa and the Fishery Committee for the Eastern Central Atlantic (CECAF) have stepped up support to the Fishery Committee for the West Central Gulf of Guinea (FCWC) by providing laptops for fisheries data analysis.
TechnoServe and Alteia partner to deploy AI solutions for climate-smart cashew programme in Benin
TechnoServe and technology platform Alteia have announced that they have signed a partnership agreement that aims to improve cashew farming practices through the use of aerial drone imagery and artificial intelligence.
Global Environment Facility approves $78.5m to support FAO-led projects
The Food and Agriculture Organization of the United Nations (FAO) welcomed the recent decision by the Global Environment Facility (GEF) Council to approve 13 FAO-led projects in 16 countries, totaling to $78.5 million.
Ericsson sees strong momentum in Sub-Saharan Africa
A series of contracts in Kenya, South Africa, Madagascar and Benin, among others, highlight Ericsson’s growing footprint in Sub-Saharan Africa as communications service providers move to strengthen their networks.
GE secures $47 million contract for installation of four power substations in Benin
GE Renewable Energy’s Grid Solutions business has been awarded a contract of US$47 million for a substation project in Benin.
Bollore Transport & Logistics appoints Pierre Ngon as MD of Benin and Niger
Pierre Ngon has assumed the charge as managing director of the Benin/Niger cluster of Bollore Transport & Logistics. He succeeds Jerome Binois.
Andersen Global expands into Benin
Andersen Global has announced its entrance into Cotonou, Benin with the addition of collaborating firm Fiduciaire Conseil and Assistance (FCA), a full-service tax and legal firm founded 20 years ago.
MTN Group announces new CEOs for Cameroon and Benin
MTN Group has announced the appointment of new chief executive officers for two of its West African operations, MTN Cameroon and MTN Benin.
World Bank approves $273 million for West Africa to facilitate access to services for people
The World Bank approved $273 million for Togo, Benin, Burkina Faso and Niger to facilitate access to services for millions of people through the West Africa Unique Identification for Regional Integration and Inclusion (WURI) Program.
MTN and Ericsson commence Network Managed Operations in Benin
MTN Benin has extended its long-term relationship with Ericsson to provide world-class managed services, including Network Operations Center, Field Services in Radio, Core and Transmission in Benin.
Benin unveils online platform for business registration
Benin this month took its business registration processes 100 per cent digital, setting up an efficient, new online single window that houses all regulatory processes needed to open a business in record time.
African Development Bank presents results of business environment study in Benin
The African Development Bank presented the results of a study on the business environment in Benin.
EBID signs $21 million loan agreement for solar energy electrification in Benin
EBID signed a US$21.1m loan agreement in Cotonou, with the Government of the Republic of Benin, to participate in financing the electrification of 750 rural community infrastructures in the country, using solar photovoltaic systems.
[Benin] Sensory profiles help cassava breeders develop desirable new varieties
Detailed and descriptive profiles of different kinds of gari in Benin have been established through work under the CGIAR Research Program on Roots, Tubers and Bananas
Technoserve partners with US Department of Agriculture to increase yields, boost revenues of 48,000 cashew farmers in Benin
The BeninCajù program, a partnership between TechnoServe and the U.S. Department of Agriculture, is working with 48,000 smallholder cashew farmers to increase yields, boost revenue, and encourage domestic processing.
Africa Climate Change Fund grants nearly $1 million to support access to climate finance in Benin and Lesotho
The Africa Climate Change Fund (ACCF) has approved a project proposal for a total of $997, 524 to support Benin and Lesotho to access international climate finance.
Urgent regional cooperation needed to tackle rising piracy attacks in Gulf of Guinea
Following the attack of two vessels in the Gulf of Guinea last week, the International Transport Worker’ Federation called for urgent global and regional cooperation to fight piracy in the region.
[Column] Geoffrey White: Warehouse: A foundation for economic growth
Nigeria, Benin, Togo and Ghana are collectively a close knit, English speaking, trade block with a population that exceeds 250 million people, 40% of which are below 30 years old.
OPEC Fund signs US$85m loan agreements for 4 African countries
The OPEC Fund Director-General Dr Alkhalifa signed a public sector loan agreements totaling US$85m with beneficiary countries Benin, Liberia, Senegal and Sierra Leone.
[Africa Tech Week] Facebook is targeting African fake news in local languages
Facebook's third-party fact-checking programme relies on feedback from the Facebook community, as one of many signals Facebook uses to raise potentially false stories to fact-checkers for review.
[Column] Mickael Vogel: Why Benin is the capital of the West Africa gas and power
With a population of less than 12 million and a GDP of $10.35bn in 2018, Benin is often overshadowed by its massive neighbour, Nigeria.
African Trade Insurance Agency launches regional West Africa's office in Cotonou
Dignitaries from the Ministries of Finance along with the Head of the country’s Banking Association have officially launched the African Trade Insurance Agency’s (ATI) West Africa regional office.
Mohammed Ahmed appointed Managing Director of APM Terminals Nigeria
Mohammed Ahmed has been appointed as the new Managing Director of APM Terminals Nigeria.
GE signs agreements to boost energy access in Benin and Cote d’Ivoire
GE Renewable Energy’s Grid Solutions business has signed two deals to build energy systems in Benin and upgrade three substations in Cote d’Ivoire.
Nigerian tomato growers charge Federal Government on processing plant
The Tomato Growers Association of Nigeria (TOGAN) has urged the Federal Government to establish cottage processing plants in tomato producing areas.
RLSF signs deal with five African countries to de-risk renewable energy projects
Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries.
IMF completes program review mission to Benin
A staff team from the International Monetary Fund (IMF) has completed its October visit in Cotonou, Benin. The visit was to hold discussions on the third review of the three-year economic and financial program supported by the IMF under the Extended Credit Facility (ECF) arrangement with the Republic of Benin.
OFID signs loan agreements of $80 million with Benin, Niger and China
OFID – the OPEC Fund for International Development – has signed public sector loan agreements totaling more than $80 million. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and ministers from the beneficiary countries.
[Benin] World Bank provides $40 Million to expand social safety nets
The World Bank has approved an International Development Association (IDA) grant of $40 million to support the government of Benin in its efforts to increase poor communities’ access to basic social services and social safety nets.
Launch of Coris Bank deepens Islamic banking in Africa
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
Atlantic AI Labs opens artificial intelligence research center in Benin
Headquartered in Cotonou, Benin, Atlantic AI Labs™ has dedicated its operations to unleash the potential of AI for sustainable development in Africa
Belgium opens embassies in Benin, Guinea, Mali and Niger to foster bilateral cooperation
Belgium Deputy Prime Minister and Minister of Foreign Affairs Didier Reynders and Deputy Prime Minister and Minister of Development Cooperation Alexander De Croo have announced the opening of 4 new Belgian embassies in Africa.
[Burkina Faso] African Legal Support Facility trains WAEMU members in oil exploration and opportunities
The African Legal Support Facility (ALSF) organized two workshops in Ouagadougou, Burkina Faso, on best practices for managing oil and mining exploration and exploitation contracts.
Moov partners with Kirusa to launch InstaVoice channels service in Benin
Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, has announced the launch of its InstaVoice Channels Service in partnership with Moov, a leading telecommunications operator in Benin.
BWSC gets $150.26m contract to build power plant in Benin
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor, in consortium with MAN Diesel and Turbo, has been awarded a US$150.26mn contract to build a 120MW gas-fired power plant in Benin.
[Benin] Technoserve seeks to create economic opportunities for youth with BeniBiz project
TechnoServe has announced the launch of the BeniBiz project, which will harness the power of entrepreneurship to improve the availability of nutritious food and create economic opportunities for young people in Benin.
Benin becomes the 17th member of the Africa Finance Corporation
The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa's premier infrastructure development finance institution.
University of Abomey-Calavi becomes first Francophone West African University to join Mastercard Foundation scholars program
The University of Abomey-Calavi's commitment to educating next-generation African leaders received a boost today with a seven-year, USD$6.2 million commitment from the Mastercard Foundation Scholars Program.
The Geography of Welfare in Benin, Burkina Faso, Côte d’Ivoire and Togo - World Bank report
A new World Bank Group report titled The Geography of Welfare in Benin, Burkina Faso, Côte d’Ivoire and Togo explains the failure of the sub-region’s strong economic growth (above 5 percent, annually) to translate into benefits for the population.
Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa
Morocco-based financial services company Wafacash is scaling up operations with leading digital money transfer service WorldRemit to offer instant money transfers across West and Central Africa.
MTN Benin and Youtap launch MoMoPay tap and pay solution for mobile money customers
Mobile network operator MTN Benin and Youtap have launched MoMoPay, a contactless mobile payment service for MTN Benin Mobile Money users.
Kenya seeks to grow exports to Benin
Kenya has set its eyes on Benin in its latest quest to expand the export market for its products, including coffee, tea and fresh produce.
Transnet to expand foothold to eight African countries
Africa’s leading freight logistics chain Transnet has been on an expansion binge and is expected to set up shop in eight more African countries including Kenya, Liberia, Ghana, Nigeria, DR Congo, Senegal, Togo and Benin.
African Development Bank to open a National Office in the Republic of Benin
The African Development Bank Group (AfDB) Director-General for the West African Region, Janvier Litse visited the Republic of Benin from 10 to 12 April 2017 as part of a dialogue mission with the country's authorities.
Benin’s economic and financial reform program receives $151 million boost from IMF
The Executive Board of the International Monetary Fund (IMF) has approved a three-year arrangement under the Extended Credit Facility (ECF) for Benin for an amount of $ 151.03 million, or 90 percent of Benin’s quota to support the country’s economic and financial reform program.
Makhtar Diop, World Bank Vice President for Africa, to visit Benin
The World Bank’s Vice President for the Africa Region, Mr. Makhtar Diop, will visit Benin from April 6 to 8, 2017. This will be Mr. Diop’s first visit to Benin since his appointment.
African Development Bank to open field offices in Benin, Guinea and Niger
Benin, Guinea and Niger will benefit significantly from the development support provided by the African Development Bank Group (AfDB) following the Board’s approval to open offices in the three countries in order to strengthen its operational presence.
MicroSave and The MasterCard Foundation collaborate to Advance Digital Finance Services in Francophone Africa
MicroSave, in partnership with The MasterCard Foundation, today launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa.
COLUMNS.
[Column] Bonisiwe Tshabalala: Five technology priorities for enhancing the African healthcare sector
One of the most transformative developments in healthcare in recent times is the growing adoption of data and analytics tools to drive improvements across the healthcare value chain ...read full column here
[Column] Mark Wilson: The ERP and technology trends that will shape 2023
Even with pandemic-related restrictions now a thing of the past, many reopened enterprises have quickly realised the market is not what it used to be ...read full column here
[Column] David Meintjes: Unified communication and collaboration trends for 2023
As businesses continue evolving to meet changing customer behaviour, the uptake and investment in cloud unified communications platforms and tools will continue to soar ...read full column here
INTERVIEWS.
[Interview] Temitope O. Oguntosin, CTO, Femsin Technologies Solutions, Nigeria
Femsin Technoloigies Solutions Limited is an IT solution company based in Lagos, which was founded and incorporated in Nigeria in 2018… read full interview here
[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education … read full interview here
[Interview] Dr. Kevin Muragaijimana MD, Founder & CEO of DoctorAI
Dr. Kevin MURAGIJIMANA is the fonder and CEO of DoctorAI,DoctorAI is a HealthTech and Artificial Intelligence-based company… read full interview here
B2B Events
The Africa Trade Expo (TATE) | Virtual Conference and Trade Show | 9 March 2022 - 9 March 2023
The Africa Trade Expo (TATE) presents direct access to African buyers whose main aim is to source the latest products, establish partnerships, and conclude import/export deals ... read full details here
Future Foods | African Food & Beverage Industries Virtual Conference & Trade Show | 9 March 2022 - 9 March 2023
Future Foods is a virtual meeting place for importers, F&B managers, retail category buyers, owner-operators, agents, and distributors from across Africa’s diverse and booming ... read full details here